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Florida Southwestern State Outsourcing and Forms of Business Ownership Questions

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I’m working on a business multi-part question and need an explanation and answer to help me learn.

Part I: Chapter 12 describes Outsourcing. Your company is considering outsourcing your payroll. Please respond to the following:

1. Research the web and find two companies that can provide this service. (provide their web page link)

2. What other services do they offer besides payroll.

3. Why are the key differences between these two companies.

4. Which one are you going to choose based on your research and describe why you have decided to engage their services

5. What are the advantage and disadvantages of outsourcing payroll.

Part Two: Chapter 12 describes a variety of legal forms or organizing a small business.

1. Which form of business ownership do you think would work best for your Hot Dog Truck Business. Elaborate in a paragraph or two your reasoning for picking your legal form of organization.

2. Which form of business ownership do you think is the least favorable for your Hot Dog Truck Business. Explain why.

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